
Cheap Apartments for Rent in the Devon Neighborhood of Indianapolis, IN from $500 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Devon area of Indianapolis.


Glenstone Studios

3763 Baltimore Ave

The Prairies Apartment Homes

Trails at Lakeside

Brockton

A62 Apartments

Willow Brook
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3709-3711 Kinnear Ave

Chateau in the Woods

3710 N Irvington Ave

Fallwood

3772 N Parker Ave

Heritage Apartments

The Meadows

4709 E 33rd St
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Park Forest Apartments

3636 N Whittier Pl

3201 Ralston Ave

5169 Caroline Ave

East Village at Avondale Meadows Apartments

3825 N Whittier Pl

Overlook at the Fairgrounds

6005 Dickson Rd
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Trenton House Apartments

Point on Fall Creek I

Chateau De Ville

7 Pointe Apartments

Harbour Pointe

3142 N Euclid Ave

Monon Park, Managed by Buckingham Monon Living

3319 N Hawthorne Ln
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Hubbard Gardens

The Lodge Apartments

Ashton Park

3301 Mardenna Ave

3516 N Hawthorne Ln

4206 N Whittier Pl

Fountain Parc

3522 N Olney St
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Devon, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Devon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Devon Studio Apartments | $885 | $590 | $1,354 |
| Devon 1 Bedroom Apartments | $1,221 | $669 | $2,766 |
| Devon 2 Bedroom Apartments | $1,395 | $545 | $5,734 |
| Devon 3 Bedroom Apartments | $1,553 | $626 | $6,965 |
| Devon 4 Bedroom Apartments | $1,107 | $1,090 | $1,125 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Devon Neighborhood of Indianapolis, IN.
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Devon, Indianapolis, IN Local Guide
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Cheapest Available Devon Apartments for Rent
 The cheapest available apartment rental in the Devon area of Indianapolis, IN is a 2 Beds unit found at The Villages at Mill Crossing priced from $545. East Village at Avondale Meadows Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $569. Here are the most affordable Devon apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Villages at Mill Crossing | 2THSFL | 2BR,1BA | $545 |
| East Village at Avondale Meadows Apartments | B3 | 2BR,2BA | $569 |
| Glenstone Studios | Studio | Studio,1BA | $649 |
| The Prairies Apartment Homes | 1x1 Classic | 1BR,1BA | $889 |
| Trails at Lakeside | Victoria | 1BR,1BA | $925 |
| Brockton | S1 Brockton Village | Studio,1BA | $929 |
| Chateau De Ville | Bordeaux | Studio,1BA | $931 |
| 7 Pointe Apartments | Crimson | 1BR,1BA | $969 |
| Harbour Pointe | The Cove | 1BR,1BA | $1,034 |
| Fallwood | 2 Bed/2Ba Up | 2BR,2BA | $1,079 |
Best Value Apartments for Rent in Devon, IN
As of May 05, 2026 the best value apartment in the Devon area is the $1.04 price per square foot 2 bed / 2 bath Model at Ashton Park in the in the United Northeast neighborhood starting from $1,179. The second greatest value Devon apartment is the B2 Model at East Village at Avondale Meadows Apartments starting at $1,225 with a $1.12 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Devon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ashton Park | 2 bed / 2 bath | 2BR,2BA | $1.04 |
| East Village at Avondale Meadows Apartments | B2 | 2BR,2BA | $1.12 |
| Park Forest Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| A62 Apartments | DuMonde Luxe | 2BR,1BA | $1.48 |
| 7 Pointe Apartments | Crimson | 1BR,1BA | $1.21 |
| Willow Brook | Two Bedroom One Bath | 2BR,1BA | $1.40 |
| Fallwood | 1 Bed/1.5 Ba Dn | 1BR,1.5BA | $1.43 |
| Chateau in the Woods | 1 Bd/1 Ba Sm WD RHN | 1BR,1BA | $1.52 |
| The Prairies Apartment Homes | 1x1 Classic | 1BR,1BA | $1.38 |
| The Villages at Mill Crossing | 0.1-p | Studio ,1BA | $1.49 |
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDevon, Indianapolis, IN
Ranked #184
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Devon Apartments
What is a cheap apartment in Devon?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Devon is under $1,079.
What is the price of a cheap apartment in Devon?
The cheapest apartment in Devon is The Villages at Mill Crossing which is listed at $669, while the average apartment in Devon costs $1,180.
What types of apartments are the cheapest in Devon?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 14 regular apartments in Devon that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Devon?
Cheap apartments in Devon have an average cost of $226 which is $954 cheaper than the average rent for all rentals in Devon.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
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